Question: D Question 18 1 pts A newly issued 2-year Low-tech Corp. bond has a price of $1,034.71, a par value of $1,000, a 12% coupon
D Question 18 1 pts A newly issued 2-year Low-tech Corp. bond has a price of $1,034.71, a par value of $1,000, a 12% coupon rate, and a yield of 10%. What is the duration of the bond? O 1.70 years O 1.89 years O 1.64 years O 1.78 years
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